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from france. the french president addressed the parliament a few hours ago. this was how the president responded to date. >> i recognize the suffering here that colonization inflicted on the algerian people. amongst these sufferings, there was a massacre in other places o f algeria. these are in the minds of the people but also of the french people. >> following that speech for us was our correspondent who explains now why president hollande avoided a more specific apology. >> it seems as though he is taking the route of truth than apologies or using the word sorry, because that would be very difficult for french people to swallow because after all suffering. these were people whose parents, grandparents, and great grandparents were born in algeria. president hollande would have alienated all those people and not done justice to their memories or their suffering if he came out with a one-sided apology. what he did do was in clear, unequivocal terms acknowledging the crimes of the past. >> it is about as gloomy as a prediction that could have been made about syria. >> we do not see any
cementmaker dipped to restructure its european operations. they could put charges of over 500 million francs. carolin has more out for us out of europe. >> hey, ross. let's take a look at the market reaction. initially, the reaction on the markets is quite subdued. now accelerating its declines, off by 7.1%, the second worst decliner on the market. let's come back to holcim. it is responding to the sluggish construction environment in europe and that is why it's restructuring its european operations. it is taking a $440 charge on write-offs for property plan and equipment. on top of that, it sees an additional 1100 million swiss francs in costs for the fourth quarter. so the overall hit to the fourth quarter will be 500 million swiss francs. it does say that the rebound will save around $120 million swiss francs annually. but overall, analysts are surprised about the size of the additional write-offs that will be booked in the fourth quarter. but holcim is trying to reassure investors this morning, saying there is still potential for a dividend payout for 2012 but that decision will be taken
nations, such as france or spain whatever, you had to make george iii out to be a tyrant. so he came up with all of these arguments about what he did and that is with jefferson did. >> what did you think? >> i was not a big jeffersonian after i did all of this. he was a wordsmith. he was not a good executive when he was governor of virginia. he was not able to organize effective resistance. he was't famous until famous in the sense that we know historically now. so when he was running for president in the 17 nineties, he held in sulphide as the author of the declaration of independence. which in some ways he was. nobody even cared about that in the 1770s. but that was his claim to fame when he was running for the presidency. he and john adams died on the same day. that is when the whole thing became a sainted document. it was god's handiwork that he -- that they died on the same day. >> would you have fit back in those days? >> up probably would have been a trouble maker -- i probably would have been a trouble maker. i probably also would have been somebody who had a strategic bent. i'm
to be credible to the other nations so they could gain from france or spain, and this was another reason for the declaration of independence, you had to make george iii out to be a tyrant. sonya, with all these arguments about what he did. that is where tempers and dead. -- so they made all these arguments. >> what did you think about jefferson? >> i did not think much. he was a words maturity was not a good governor of virginia. the british almost caught him one time. he was not able to organize effective resistance. he was not famous until he was -- famous in the sense that we know him historical now -- until when he was running for president in the 17 nineties. he held himself out as the author of the declaration of independence, which in some ways he was. nobody had cared about that during 1770 s, but it helped him. that was his claim to fame when he was running for the presidency. then when he and john adams died on the same day, july 4, 1826, and that's when the whole thing became the document that this was god's handiwork, but they died on the same day. >> knowing what you know ab
to an absolute tax revolution in a country like france, doesn't it? >> well, i think it's a big departure from french people, and overall population for sure. and a real tax revolt would be for them to kick, you know, the people who govern them and have been for all of these years out of power and actually truly market oriented. stuart: are you french? >> yes. you're speaking in terms of free markets in france. >> yeah, imagine that. stuart: wait a second, prime minister hollande, the prime minister for six months or something like that, the guy who instituted the 70% tax. >> he campaigned on it. stuart: and people voted him in. >> the irony, the 75% tax rate is called a patriot, you know-- which made me laugh because the french are everything, but patriotic. stuart: and you've got people like depardu leaving and people are saying he's a hero for leaving, and not paying the patriotic tax, that's a repudiation of the tax and repudiation of the socialists? >> it could be. remember, like he's not the first one to leave. so first left-- before that. >> and he went back after years and moved his--
in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch bank and sell their shar
and the slam. 18 points for steph. warriors 6-1 on the road for the first time in france characterize history. 115-93 your final. >>> now to college hoops. stanford men facing uc davis in a nonconference matchup after exams. first game in 13 days for the cardinal. the only aggie player to show up. he had 23 of the team's 52. only two davis players hit double digits. huestis, the jumper and the foul. cardinal up at the half. dwight paul led all cardinal with 20. the monster jam, cardinal improve 2073-with the 75-52 victory. >> our defense and offense right now and i believe in our guys, i know we have good shooters. we keep defending like we are now, i'll take it. the way we're defending, gives ourselves a chance to win against everybody, every night. if we stay confident and believe in ourselves we're going to shoot the ball well. >> mike: he top ranked indiana and butler. hoosiers down three. ten to play. durrell drains the three. we go to overtime but the bulldogs had ideas. alex barlow, six points but gets it to go with two seconds remaining. indiana's first loss of the season, butler, 88-
across america, the world, pouring in to show support. >> people from japan, cairo, egypt, france, poland. but everybody, even all over the united states here. >> reporter: from portland, oregon, 26 wreaths for each innocent life lost. and from sanford, north carolina, 26 christmas trees donated. >> through the strategy, i wanted them to feel love from all over. >> reporter: firefighter anthony carpenter helped line the trees along the entrance to sandy hook elementary. >> i would say within an hour, they were all decorated. >> reporter: from long island, new york, 26 ornaments. >> they are not alone. >> yeah. >> yeah, not alone. >> reporter: children from ft. stuart, georgia, sending toys to children in newtown in time. christmas. from all over the world, 2 million people signing this card online, offering their condolences and love. free hot coffee for the whole town from someone in los angeles. >> reporter: maxiline ramos manages newton general store and >> their lives will never be the same. it goes along way. >> reporter: maxiline ramos manages newton general store and says coffee wa
and there are shootings and killings in norway and france and germany, but there hasn't been 61 mass killings like there have been in this country to a sense columbine. >> and the nra facebook page has gone dark. we will speak with lisa graves about big guns and big money. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. residents of newtown, connecticut, have begun holding the first of many kernels for the 27 victims killed in friday's shooting rampage at sandy hook elementary school. on monday, noah pozner and jack pinto, 06 years old, were laid to rest in small caskets. more funerals are slated today including two more 6-year-old victim's, james mattioli and jessica rekos. at the white house, president obama convened a meeting with top officials to discuss ways to respond to the newtown massacre, including potential proposals for gun control. pressed for details, white house press secretary jay carney reduced offer any specifics on how obama plans to address the nation's gun violence. >> is a complex problem that will require
to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that looks at the data here is quite clear that on the whole, particularly things like assault weapons, create far, far more kor nage in th carnage in this country than they prevent. to a large extent the reason why i think progressives have not been able to mount an effective campaign for sensible gun laws, it's been a failure of the progressive movement, and i think that will now change with progressives. they must realize they have to make this an election issue. all of the polls show that the public is widely in favor of sensible gun regulations. i will point out what i said on friday. president clinton after columbine when we were meeting in the oval
to others across the country. in france. the government has thrown out a plan to tax the country's ultra-rich at a 75 percent rate. the tax was one of the president's campaign promises. however, a consititutional council says the amount was excessive. some felt that the tax would not solve the country's fiscal problems. and would only push wealthy people out of the country. france's most famous actor, gerard dep-ard-doo, recently moved to belgium to avoid taxes. meanwhile, unemployment in france rose in november for the 19th straight month. coming up on kron 4 news weekend, ??is "mcdreamy" trading in his scalpel for a coffee apron? we'll be checking out all things hollywood with all today's entertainment news in just a few minutes. music) >> from billie holiday. open >> she is so good she is going be playing at the new year's eve at the razz room >> it is great to have you. and i love hearing your music you can do all types of great sounds. can you tell me who inspired you? >> i started loving the little rascals and i also loved darla. [laughter] . i thought that you were going to say th
to raise the debt ceiling. dennis: what is a few hundred billion between france? coming up on our all-star panel, stop dithering in washington and get a deal done? cheryl: there's more hope for housing recovery. the national cessation of home builders now with the latest survey showing home builder confidence at its highest level since april of 2006. joining me is the ceo of the n h b and a lot of analysts were looking for that 50 mark and the index breaking through and what happened? >> just like everybody else, our members are watching the fiscal cliff discussions and potential implications of raising taxes on small businesses, small-businesses the 70% of the everybody else we are holding our breath and hovering just below 50%. cheryl: what do you remember about the mortgage interest deduction? that is on the table in the fiscal cliff, and you worry about housing? >> absolutely. with this recovery in release stages we are concerned about anything that would kill the markets and raising taxes on small business, and when the signs are positive, just a little more cautious than we thou
the area. >>> and in france today during mass at noter dame cathedral. the arch bishop of paris asked worshipers to pray for the victims and the families of newton. >>> and president obama asked for changes to happen and to keep politics from getting on the way. >> are we really prepared to say that we're powerless in the face of such carnage? >> friday's tragedy has renewed calls for changing the country's gun control laws. ktvu's patti lee tells us ability a push by a california lawmaker. >> is this the way we want america to go? the rights of a few overcome the safety of the majority. i don't think so. >> reporter: today feinstein announced she would reintroduce the country's ban on assault weapons that expired in 2004. >> president obama has a perfect opportunity now in his second term to take a tough position but getting it through a republican congress, not going to happen. >> reporter: don p era ta worked with feinstein to expand california's ban on assault weapons in 1989 after a mass killing in a stockton schoolyard. he says despite the outrage sparked by that tragedy, califo
's here with me, frances scott, and i'm very thankful to the good lord and to a strong mom who believes that sometimes love has to come at the end of a switch, and she loves me a lot. and i'll tell you that along that way, that when times got tough and when i was flunking out of high school -- when i failed world geography, civics, spanish and english -- when you fail spanish and english, they don't call you bilingual, ok? they may refer to you as biignic because you can't speak any language. i will tell you that my mother did not quit on me. i also had the good fortune of meeting a meant more from chick-fil-a who taught me basic biblical principles and it has served well. our nation finds itself in a situation where we need some backbone, we need to make very difficult decisions. so often we have a conversation about how do we create enough revenue to solve the problem. i learned early in my 20's that if you have a problem with spending, there's not enough revenue to make up for it. we have a spending problem, ladies and gentlemen, in america, and not a revenue problem. so it's very di
from you again. but we didn't. quite the opposite. and we came together to france, they all chose humanity, instead of anarchy, instead of denial. and then i believe that my generation can teach some others. >> elie wiesel with the message of piece. that is the cbs evening news. merry christmas and good night. i'm brian hackney in for aln martin. we' christmas storm. rain co >>> good evening and merry christmas. >> we are keeping an eye on our christmas storm, rain coming down all over the bay area tonight. a live look at the traffic on interstate 80 at university avenue in berkeley. >> and here is a live look at california's great america in santa clara where the second annual global winter wonderland kicked of a couple of hours ago. >> let's go right to cbs 5's paul dana. >> it's been lit up like a christmas tree so to speak. this is three hours of history right here. look at the rain fall here moving east towards sacramento and central valley and we are looking at the rain fall continuing for a while. here is a look at what we have going on right now with the live radar. we'll
capacity by 11% since 2005. mary frances fagan works for american airlines, which canceled 377 flights on thursday. >> to the degree we have the capability of adding flights to very popular destinations we do that, and i'm sure other carriers that have that capability do as well. >> reporter: but not everyone is going to one of those very popular destinations, scott. and for those who are not, the message from the airlines is "patience, please." >> pelley: dean, thanks very much. we found another sign that the economy is recovering and we'll tell you about it next. tell you about it next. i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. get two free strip
1830s in postrevolution france that somehow universally appealing. >> what he has done so brilliantly is actually tell the story of the human condition. that it's never easy. there's never -- it's never always happiness. ♪ can i conceal myself forever more ♪ >> that is why people relate to t. >> how difficult is it to take something that's been in the theater for so long to film? >> the intersection between broadway and hollywood is really dangerous corner. look at "phantom of the opera" was a flop. "chorus line" was a flop. "rent" was a flop. "evita" was a sort of -- yeah it was a flop. ♪ so many questions and answers ♪ >> but what makes "les mis" very different from other musical films is this time, the actors were singing live, not lipsynching to a track they had already recorded. the cameras were right in their faces, showing off the bad teeth prosthetics and dirt splotches, creating a lot of raw emotion on screen. >> i cried when all the characters would die, 'cause it was really sad. >> i cried. i laughed. and it made me think about the things i'm going through. >> indus
the rest of that story. heather: then there is that. france's socialist government promising to keep fighting for higher taxes on the rich after its controversial 75% super tax was ruled unconstitutional. greg palkot is live for us in london with these details. hi, greg. >> reporter: hey, heather. you think the wrangle over higher taxes in the states is serious check out what is happening in france. just over the weekend the french constitutional court said a planned 75% tax on those earning the equivalent of $1.3 million or more a year should be thrown out as unfair. it had already been blasted by government critics as anti-entrepreneur and anti-business. one skeptic branding it as fiscal bludgeoning. the government trying to balance the budget on the backs of the rich. it sparked a anecdotal rush of high rollers from the french exits including a well-known actor gerard depardieu who will move next door to belgium. french president hollande is not really defeated. court through a tax out more on a technicality. the government is planning to issue a reworded tax bill soon and there a
has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is the first prominent candidate to declare for the race. >>> mom and pop shops across the country bracing for a labor fight that could cripple businesses. more on the key workers that could walk off the job coming up. consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust go
wine. you get in a car in paris, go 90 miles east and you'll be in a beautiful park in france. but they're not the only people and place you can get sparkling wine from. i brought five fantastic sparkling wines. it's a party now. they come from different places in the world where sparkling wines come from. they're all $20 or less. you don't need to spend a lot of money to have a lot of fun. >> let's go through them. cava from spain is $9. i drink a lot of that. >> this sounds like a law firm in barcelona. some of the most amazing sparkling wines and values come from spain and it's only $9. it's made like a champagne but doesn't cost lime one. >> how much is that? >> it's $12. it's absolutely a party in a bottle. >> if you go to italy, whether you're in rome or venice, you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that. >> people think of australia gives us chardonnay and others. this is jacob's creek. ice made exactly like a champagne, chardonnay
is up, the ftse is up, the france, the cac in france has turned slightly down. but, again, this is a marginal loss of about three points. most of the major asian stock markets were higher overnight. and among the catalyst here, signs that china's recovery is gaining traction. sources say that the bank of japan will ease monetary policy this week and consider adopting a 2% inflation target no later than january. policymakers are seen responding to pressure from the incoming prime minister there. shinzo abe for stronger efforts to beat deflation. in the meantime, india's central bank kept interest rates on hold yesterday ignoring pressure to reduce borrowing costs. policymakers said they were shifting the focus to reducing the economy and that raises the odds of a rate cut as early as january. andrew olson, over to you. >> ubs reportedly nearing a fine of up to $1.5 billion. the bank is close to finalizing a deal with regulators according to the financial times. about three dozen bankers and senior managers are said to face criminal or civil charges. >>> and it's official th
on one trip to france and i saw how hard she works. >> tire you out even, wolf in. >> i was exhausted but she kept on moving and moving. we, of course, wish secretary of state hillary clinton a speedy recovery. she's suffering from a stomach virus, became dehydrated, fainted, and sustained a concussion. she's at home recouping and doctors are taking care of her. >>> we're here in connecticut. we're watching this horrific tragedy unfold. there is new information coming out. we're standing by, by the way, for a news conference. we expect to get the names of the victims. 20 children, for example, 20 of those 26 people shot in this elementary school behind me here in connecticut. we're going to get those names fairly soon. this is a massacre that has resonated not only here but around the country. josh levs is joining us. >> we lost wolf. i'm going to take over. here's what i want to talk to you about. this is victims and survivors of columbine. 14 years ago. a lot of you might not realize, be people who were at that massacre, two people came to school and killed 14 people before taking t
the guns? we doesn't have that in france. >> some of the kids were as young as 5. >> nowhere but in america. and that's sad. >> reporter: but more than anything it seemed what dejected people the most was the hard realization that safe havens aren't. >> the thought that you can't send your kids to school and trust they will be safe, it's just, you know, just devastating. i don't want to think that there is that kind of evil in the world. >> reporter: in san jose, len ramirez, cbs 5. >>> the violence in connecticut prompted several bay area police departments to step up their schools' presence today. oakland, fremont, san leandro and palo alto all increased school patrols. the san francisco schools already have resource officers. extra police or not schools across the bay area are also addressing tragedy in connecticut. cbs 5 reporter joe vazquez is in san francisco with a look at how local school districts are handling it. >> reporter: schools across the bay area have spent the day reassuring parents that, yes, they are doing everything they can to keep their children as safe as possible.
the early days of aids activism in the u.s. film director david france posted a clip from his final interview with spencer cox after his death this week. >> i don't know what is going to happen. i don't know what is one happened today or next year. i just know you keep going. you keep progressing, you keep hoping. until you die. which is would happen someday. you make your life as meaningful as you can make it. you lived it. don't be afraid of who is going to like you or are you be inappropriate or are you being -- you worry about things like being kind. >> and those are some of the headlines. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman with juan gonzalez. >> welcome to all our listeners and viewers from around the country and around the world. we begin today's show with a look at the capture of osama bin laden, which is the focus of the controversial new movie, "zero dark thirty," which was released this week. billed as the story of history's greatest manhunt for the world's most dangerous man, the film has come under harsh criticism from r
to sighlist bradley wiggins who became the first briton to win the tour de france and won gold at the olympics. she mingled with guests and sports stars backstage, obviously feeling better. >>> that's the unmistakable theme from "casablanca." as time goes by, the piano is still a hot item. sotheby's sold it to an unnamed buyer. that price fell short of the $1 million officials had predicted. actor and singer dooley wilson performed "atoo many goes by" in the film which of course starred humphrey bogart and ingrid bergman. a good song to have in your head the rest of the night. >>> when we continue, it could be a life-changing decision. would you stop a drunk driver from taking the wheel? our hidden camera experiment puts party-goers to the test. >>> chuck, how is the weather looking? >> here's looking at you, kid. we'll be back in a minute with a complete sev >>> well, this is the white house. >> not a pretty nighting to outside, but it's anything but cold. doug kammerer has gone down to the national zoo for zoo lights. he has an on the scene weather report. is it as gloomy outside as it appea
, in germany, in france, in south korea, in japan, all of whom have very strong gun control laws, you see that there are probably somewhere between maybe only a couple dozen to a couple hundred handgun related deaths a year. so we have a handgun vie -- a gun violence epidemic in this country that's unlike what is occurring anywhere else amongst our industrial counterparts, and you consider the arguments that the nra makes, the principal argument they have made to hold up legislation for 15 years is people need guns in their homes for self-defense. this has been studied by countless study all of which have found the same thing. guns inside the home are used very, very frequently, a tiny percentage of instances. almost all the times when guns inside a home are used, they are used in a suicide or in a homicide or some other kind of assault. and i remember when we were trying to get gun violence legislation passed in the wake of columbine. i remember being invited to meet with president clinton inside the oval office, and he said to me as we were walking out the door that day, he said, you kn
that allow women to serve in combat. all are allies. israel france, new zealand finland, norway, serbia, swede and switzerland and the u.k. allows women to serve in artillery. why is america so far behind the rest of the world? >> you know, i think we're just attached to those past rules that have been in place and it is not really taking into account the change in the modern warfare today and the fact that women have really been in combat for the last ten years in the last two wars we've been in. >> john: 14% of the 1.4 million active military are women. but 238,000 jobs across the armed forces are completely off-limits to them. is there any reason that you are given consistently by the brass as to why this is? >> you know, i think the policy is in place just because it has always been in place. the military hasn't quite caught up yet. the reasons tend to be women can't keep up. women don't belong. they won't fit in. and again i don't have to argue about what good women are or the nature of women if we're aggress
were there. australia, russia, italy, france. england, germany. all over the world. following this story. all the major networks were there. you know, cnn was there, of course. and so this is an international event. and so the churches have a particular role when something like this happens. that is to help people make some kind of sense of it. when it first happened, everyone, including me was in a state of complete shock. i heard, i'm the same as anyone else, a sense of sickening sense of how could this possibly happen. and you try to wrap your mind around it. and comprehend that you can't, it's just impossible. even the ways that we typically try to understand events like this through psychology and they say the man was disturbed and things like that. he certainly was. but in a war, you can understand the cultural and political tensions like this, for a natural disaster this goes way beyond that. even a very sick mentally ill individual, could never just because of that, commit a crime so horrendous. so you're thrown back, on religious concepts, that's the only way to under
but promoting war on the big red dragon-- the communist party. in the south of france it's believed by new ages to be the only safe place in the world. something to do with the shape of the mountain which overlooks the village. but today t.v. crews and police outnumbered prophets of doom. >> sreenivasan: in this country, nasa has produced a video to reassure those who need it. it's titled "why the world didn't end yesterday." the president of russia vladimir putin put new distance today between his government and the regime in syria. in his annual news conference, putin insisted his country is not protecting syrian president bashar assad. he urged assad to hold talks with the opposition, and negotiate an end to the bloodshed. >> ( translated ): we are not concerned about the fate of assad's regime. we understand what is going on there and that his family has been in power for 40 years. the changes are undoubtedly needed. we are worried about a different thing-- what next? we simply don't want the current opposition, having become the authorities, to start fighting the people who are the current
, japan, france-- why are their gun deaths so much lower than ourselves? i mean, john howard, a very conservative prime minister-- former prime minister of australia said we don't want the american disease in australia. why is it that all these other countries don't seem to have this problem? >> well, they have soo they have a homicide problem. they have a violent crime problem. in britain, it's four times what ours is. they don't have as many guns. that doesn't prevent killing. it doesn't prevent mayhem. it doesn't prevent violent crime. >> schieffer: you don't really believe people armed with baseball pats batcan somehow kill more people than people armed with guns. >> in this country, more people are beaten to death than are killed by long guns. >> schieffer: the people who are surviving gunshot wounds now, it's because we have better medical help, david, for the same reason-- >> that's good. >> schieffer: yes, it's good. it's the same reason more of our people are surviving on the battlefields, but that's not the end of it. why do you-- why are you so against-- i know the things
on what doom sayers camped out at this mountain in france are doing today. they have been there for days believing that when the end of the world came a ufo would come to the mountain and rescue them. >>> got milk? you could be in for a major shock. mandy is here with what's moving your money. prices, i saw this headline and couldn't believe it. 6 to $8 a gallon? >> it is unbelievable. that is if congress does not pass a new farm bill, chris, that amends farm policy that dates back to the truman presidency. obviously this has been kind of lost in that brouhaha of what's going on between the obama administration and republicans over the fiscal cliff and the budget wranglings, and there is believe it or not an impasse over a farm bill that covers billions in agricultural programs and without last minute action they would have to follow a 1949 farm law that would force washington to buy milk at wildly inflated prices which therefore means we would have to pay the wildly inflated prices as well when we go to buy milk at the supermarket. now it costs an average around 3.65 a gallon. if we go
. what was going to disagreements. the disagreements that canada, france and mexico and many other countries. but there's a mechanism we can all go to for a mutual refereeing of those issues are the wto is one way we can do that and the president has insisted that we do that. [inaudible] [inaudible] >> i'm sorry, i didn't have a chance to read the article. so i'm not familiar with everything else has mentioned the article. it's a question two minutes before the election there was this big tough on china team. >> in terms of the military, and that was announced almost a year before that. but what set off the discussion at the pit it was the announcement of joint exercises with australia and rotating about 2000 marines to australia. i don't think cheney should be fearful of 2000 marines in australia, but a lot of the dvd in terms of military collaboration with countries in the asia-pacific region involve responding to disasters at giving people the technical ability to respond to natural disasters and disaster relief. our engagement with other countries throughout the asia-pacific re
. the next highest was france and germany. united king come 9.6. and germany and france on many measures are getting better healthcare out comes than we are. and we know if you fast forward to 2012 we're not spending that, we're over 18%. 1 in every 6 dollars in this economy is going to healthcare. and however much one saves on healthcare, 40% of that flows through to the federal government because the federal government is paying 40% of healthcare in this country, actually something more than that. there is lots of room to save money in this healthcare system and there by save money in medicare and medicaid. we're talking about a very small percentage about what we intend to spend over the next ten years in the savings that are being discussed. the same is true on discretionary savings. the president called for $200 billion. but if we put it in perspective we're going to spend in the domestic accounts in the next ten years $11.6 trillion. so a $200 billion savings is 1.7% of what we're forecast to spend. thanally can't save less 2%? of course we can. i think we've as a country, both sid
, the tour de france bike race will start in england. in 2014 the race will start in the northeast english county of yorkshire. they made at nounment this morning. just a few months ago bradley wiggins became the first british rider to win the tour. further details of the course will be presented milk no. >>> a new survey shows men are feeling happier about the holiday shopping season than women. 31% of the women say they will spend less for the 2012 holidays than last year. only 19% of men plan to spend less but there is good news for retailers, 75% of both men and women asked, plan to spend more. maybe the others have started shopping yet or set a budge. >>> four separate computer coding schools have launched in san francisco during the last year. the business times reports that the crash courses prepare people in just nine to 12 weeks to take high paying jobs. the sector has said it has coding jobs going unfilled because there aren't enough people with the skills needed. three of the schools have graduated 150 workers who are now earning average salaries of $80,000 a year. >> defense s
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